|Bid||38.68 x 0|
|Ask||39.84 x 0|
|Day's range||38.91 - 38.91|
|52-week range||31.30 - 40.30|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
British asset manager Schroders (SDR.L) on Thursday posted a 9 percent rise in assets under management and administration for the nine months to September 30 led by gains in its institutional business. The company, which provides asset and wealth management services, said total assets at the end of the period were 430.2 billion pounds ($568.17 billion), up from 395.3 billion at the start of the year. Schroders has moved to more shorter trading updates, and gave no indication whether the increase in assets was a result of market gains from existing client money or aided by net inflows of new investor cash.
British asset manager Schroders on Thursday posted a 9 percent rise in assets under management and administration for the nine months to September 30 led by gains in its institutional business. The company, ...
** RBC says among UK/EU asset managers, players of size -- Standard Life Aberdeen and Schroders -- are preferred names ** RBC says SLA priced for usual merger disruption that is not happening, "nor ...
The asset management giant run by the chair of an influential trade body has placed itself on collision course with rivals by backing the re-election of Sports Direct's chairman. Sky News has learnt that Schroders (Frankfurt: 929969 - news) voted in favour of Keith Hellawell at Wednesday's annual general meeting of the sporting goods retailer, which has faced years of controversy over corporate governance standards and the treatment of workers. The decision by Schroders' fund managers is intriguing because its chief executive, Peter Harrison, also chairs the Investment Association - the lobbying group whose board includes several vocal critics of Sports Direct.
British asset manager Schroders posted a 21.6 percent rise in first-half assets under management and administration, boosted by market gains and inflows of new client money, sending its shares higher on Thursday. Active asset managers such as Schroders (Frankfurt: 929969 - news) have been hit by rising costs and pressure on fees as more money is invested using index-tracking funds, but the company said it had seen broad growth across its range of products in the six months to the end of June.
British asset manager Schroders on Thursday posted a 21.6 percent rise in first-half assets under management, boosted by market gains and inflows of new client money. Schroders, which manages mutual funds ...
Britain's top share index held firm on Monday as a rise among financials and commodities stocks lent support, though a plunge in Carillion's shares after a profit warning weighed on mid-caps. The blue ...
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** RBC raises Schroders to "outperform" on robust profitability; underlying business is in good shape and ...
British fund manager Schroders said on Thursday that total assets under management and administration rose 5 percent in the three months to end-March, led by growth in its retail funds and wealth management. The update was the first issued by the company in a newly shortened format in which it provided a total assets figure for each of its divisions without a breakdown of how inflows of client money and market moves impacted the figure. Schroders said last December it would no longer issue full results in its first and third quarters, emphasising its focus was on sustainable growth for the longer term.
British fund manager Schroders said on Thursday that total assets under management and administration rose 5 percent in the three month to end-March to 416.3 billion pounds . Funds managed within its asset ...
British asset manager Schroders said on Thursday it had agreed to buy Swiss-based private equity firm Adveq Holding for an undisclosed sum. Traditional asset managers are increasingly expanding into alternative ...
On Monday, Tesco's third and fourth largest investors -- Schroders (Frankfurt: 929969 - news) and Artisan Partners, who together hold 9 percent of its equity -- called on the supermarket group to withdraw its offer, saying it was overpaying and the deal was a distraction from the company's turnaround plan. "We’re absolutely, completely committed to the deal," Tesco CEO Dave Lewis told reporters on Tuesday.
Two of Tesco (Frankfurt: 852647 - news) 's biggest shareholders have called on the supermarket to scrap its planned £3.7bn takeover of wholesaler Booker. Schroders Investment Management and Artisan Partners are the retailer's third and fourth largest investors, each with stakes of around 4.5%. Tesco, Britain's biggest supermarket, said it had been listening closely to its shareholders.
Two of Tesco Plc's biggest shareholders have called on the supermarket group to withdraw its 3.7 billion-pound agreed offer for wholesaler Booker Group Plc, potentially casting doubt on the deal's progress. ...
Schroders, one of Tesco's largest investors, on Monday called on the supermarket group to withdraw its 3.7 billion pound agreed offer for wholesaler Booker, saying it was unlikely to create shareholder ...
Standard Life and Aberdeen Asset Management (Frankfurt: 899502 - news) , two of Scotland's most well-known financial firms, are in talks over an 11 billion pound ($13.5 billion) tie-up to create Britain's largest investment manager. Fund management companies across the globe have been burdened with rising regulatory costs and pressure to lower fees in the face of weak average returns and growing competition from cheaper, index-tracking rivals, driving consolidation among smaller and mid-sized managers. Standard Life is roughly twice the size of Aberdeen at 7.5 billion pounds and historically famous for selling insurance, tracing its roots back to the 19th century, while Aberdeen is one of Europe's largest listed fund firms.
British asset manager Schroders reported sharp outflows by clients in the fourth quarter, taking the gloss off forecast-beating annual profit and hitting its shares. Clients pulled 2 billion pounds ($2.5 bln) in the final three months of 2016, which proved a tough year for many asset managers given a volatile market backdrop, with rivals Aberdeen Asset Management and Henderson Group (Frankfurt: HDJ.F - news) also suffering outflows late in the year. Schroders (Frankfurt: 929969 - news) ' shares were down 2.1 percent at 3,060 pence after its results announcement on Thursday.
British builder Bovis, whose boss left in January after warning on earnings, said profit would drop again this year as it builds fewer homes and focuses on improving quality. Bovis -- which has been criticised by some buyers for the standard of its houses -- remains the worst-performing of the biggest listed developers since the Brexit vote, with shares falling a further 8 percent by 0820 GMT on Monday. In December, the company said annual pre-tax profit would come in at between 160 and 170 million pounds.
British housebuilder Bovis Homes (Frankfurt: 911164 - news) , whose boss left in January just days after the firm warned it would not meet market expectations, said its full-year pretax profit fell in 2016 and it will build fewer homes this year. Bovis surprised the market at the end of December by saying it would miss market forecasts after failing to build the volumes it anticipated in 2016, with the turbulence prompting a shareholder to suggest it merges with a rival. At the time it said profit would come in at between 160 and 170 million pounds ($210 million) but on Monday the firm posted a 3 percent drop to 155 million pounds.